Ameritas Investment Partners Inc. Boosts Stock Position in Strategy Inc $MSTR

Ameritas Investment Partners Inc. grew its position in shares of Strategy Inc (NASDAQ:MSTR) by 6.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,313 shares of the software maker’s stock after purchasing an additional 532 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Strategy were worth $3,360,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. SJS Investment Consulting Inc. grew its position in Strategy by 25.8% during the second quarter. SJS Investment Consulting Inc. now owns 117 shares of the software maker’s stock valued at $47,000 after acquiring an additional 24 shares during the last quarter. Mutual Advisors LLC grew its holdings in shares of Strategy by 2.0% during the 2nd quarter. Mutual Advisors LLC now owns 1,350 shares of the software maker’s stock valued at $548,000 after purchasing an additional 27 shares during the last quarter. Smith Anglin Financial LLC raised its position in Strategy by 1.2% in the 2nd quarter. Smith Anglin Financial LLC now owns 2,537 shares of the software maker’s stock worth $1,025,000 after purchasing an additional 30 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in Strategy by 2.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,163 shares of the software maker’s stock worth $470,000 after purchasing an additional 31 shares during the last quarter. Finally, Magnus Financial Group LLC lifted its stake in Strategy by 0.9% in the second quarter. Magnus Financial Group LLC now owns 3,660 shares of the software maker’s stock worth $1,479,000 after purchasing an additional 32 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

Insider Buying and Selling at Strategy

In related news, EVP Wei-Ming Shao sold 30,000 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $357.37, for a total value of $10,721,100.00. Following the completion of the transaction, the executive vice president directly owned 12,726 shares in the company, valued at $4,547,890.62. This trade represents a 70.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jarrod M. Patten purchased 12,000 shares of the stock in a transaction that occurred on Friday, October 17th. The shares were acquired at an average cost of $96.88 per share, with a total value of $1,162,560.00. Following the completion of the transaction, the director owned 29,335 shares in the company, valued at $2,841,974.80. This trade represents a 69.22% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 36,280 shares of company stock valued at $3,527,911 and have sold 53,177 shares valued at $17,122,166. Company insiders own 8.46% of the company’s stock.

Wall Street Analyst Weigh In

MSTR has been the topic of a number of recent research reports. Citigroup assumed coverage on Strategy in a research note on Tuesday, October 21st. They set a “buy” rating and a $485.00 price objective on the stock. BTIG Research decreased their price target on Strategy from $700.00 to $630.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. HC Wainwright dropped their price objective on Strategy from $521.00 to $475.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Cowen restated a “buy” rating on shares of Strategy in a report on Friday, October 31st. Finally, Wells Fargo & Company reiterated an “equal weight” rating and set a $54.00 price target (down from $65.00) on shares of Strategy in a report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Strategy presently has a consensus rating of “Moderate Buy” and a consensus target price of $485.80.

Strategy Stock Up 5.0%

MSTR stock opened at $179.04 on Tuesday. Strategy Inc has a fifty-two week low of $166.01 and a fifty-two week high of $457.22. The business’s 50 day moving average price is $281.50 and its two-hundred day moving average price is $346.78. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $51.45 billion, a price-to-earnings ratio of 15.76 and a beta of 3.87.

Strategy (NASDAQ:MSTR) last released its earnings results on Thursday, October 30th. The software maker reported $8.42 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $8.52. Strategy had a return on equity of 18.83% and a net margin of 1,036.61%.The company had revenue of $128.69 million during the quarter, compared to analysts’ expectations of $116.65 million. During the same quarter last year, the business posted ($1.56) EPS. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. Strategy has set its FY 2025 guidance at 80.000-80.000 EPS.

Strategy Company Profile

Strategy Incorporated, formerly known as MicroStrategy, provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers Strategy ONE, a platform that allows non-technical users to access novel and actionable insights for decision-making, and Strategy Cloud for Government, which provides always-on threat monitoring designed to meet the strict technical and regulatory standards of governments and financial institutions.